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PEII PR excerpt: "The company is scheduled to test the Garrett #3 well after the completion of the Snyder/Simon lease project which WILL be completed during the month of June 2014. The company will report results for both projects as soon as they are available."
Note that the wording "intends to" is gone and the word WILL was used in the above statement. They have committed themselves to getting it done by the end of June. One redder will be coming on line in August (latest) too. IMO I don't care how many shares FS sells now, things are coming together and when real revenue comes in from oil and gas sales, the share price WILL rise and the dilution WILL slow appreciably IMO. I don't think that we will ever see the 25 Billion mark in OS and well before that income from oil production will eclipse any money needed from share sales. Don't forget as the share price rises, CPUS and FS don't need to sell as many shares to cover daily operations and loan obligations. PEII needs to keep the momentum up and start selling OIL at the soonest it can. All IMO.
https://au.finance.yahoo.com/news/petron-energy-ii-inc-signs-130236901.html
PEII PR excerpt: "The company is scheduled to test the Garrett #3 well after the completion of the Snyder/Simon lease project which WILL be completed during the month of June 2014. The company will report results for both projects as soon as they are available."
Note that the wording "intends to" is gone and the word WILL was used in the above statement. They have committed themselves to getting it done by the end of June. One redder will be coming on line in August (latest) too. IMO I don't care how many shares FS sells now, things are coming together and when real revenue comes in from oil and gas sales, the share price WILL rise and the dilution WILL slow appreciably IMO. I don't think that we will ever see the 25 Billion mark in OS and well before that income from oil production will eclipse any money needed from share sales. Don't forget as the share price rises, CPUS and FS don't need to sell as many shares to cover daily operations and loan obligations. PEII needs to keep the momentum up and start selling OIL at the soonest it can. All IMO.
https://au.finance.yahoo.com/news/petron-energy-ii-inc-signs-130236901.html
PEII - acquisition news out!!!
https://au.finance.yahoo.com/news/petron-energy-ii-inc-signs-130236901.html
OTCBB: PEII $.0003 Petron Energy II, Inc. Signs Acquisition Agreement to Purchase Garrett Lease in Creek County, OK
https://au.finance.yahoo.com/news/petron-energy-ii-inc-signs-130236901.html
OTCBB: PEII $.0003 Petron Energy II, Inc. Signs Acquisition Agreement to Purchase Garrett Lease in Creek County, OK
https://au.finance.yahoo.com/news/petron-energy-ii-inc-signs-130236901.html
Petron Energy II, Inc. Signs Acquisition Agreement to Purchase Garrett Lease in Creek County, OK
Petron II announces Garrett Lease purchase
DALLAS, Texas, Jun 12, 2014 (GLOBE NEWSWIRE via COMTEX) -- via PRWEB - Petron Energy II, Inc. ("Petron II" or the "Company") (OTCBB: PEII) Petron Energy II signs Acquisition Agreement to purchase Garrett Lease in Creek County, Ok.
Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary. The Company's operations are based in the United States.
Floyd Smith, President and CEO of Petron Energy II, Inc., states "On June 2, 2014 we signed an acquisition agreement and tendered the initial down payment with Mr. Bill Sperling to purchase the Garrett Lease which has existing wells. One of the key wells we intend to attempt a recompletion is the Garrett #3; the Garrett #3 well has a well developed Mississippi pay zone which we will test for commercial production. Our geologist and a third party petroleum engineer have reviewed the Garrett #3 logs and found them to have all of the key components for oil based on their log analysis and to be very comparable to some of the better producing Mississippi wells which offset our lease." Smith goes on to say, "The Mississippi pay zone has proven to be a very prolific oil producing zone in the area, vertical completions on area wells have realized initial production rates of 30 - 100 barrels of oil per day.
The company is scheduled to test the Garrett #3 well after the completion of the Snyder/Simon lease project which will be completed during the month of June 2014. The company will report results for both projects as soon as they are available."
About Petron Energy II, Inc.:
Petron Energy II, Inc. is a Dallas-based, oil and gas exploration and production company. For further information about the Company, please visit our website http://www.petronenergyii.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" (statements which are not historical facts) made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward- looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, the time to consummate the proposed development, completion and extraction; the timing and extent of changes in market conditions and prices for natural gas and oil; the timing and extent of the Company's success in discovering, developing, producing and estimating reserves; the economic viability of, and the Company's success in drilling, the Company's ability to fund the acquisition, development, completion and extraction of oil and gas assets and the Company's planned capital investments; the Company's future property acquisition or divestiture activities; increased competition; and any other factors listed in the reports the Company has filed and may file with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's expectations only as of the date they were made. The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/06/prweb11937926.htm
CONTACT: Petron Energy II, Inc.
Floyd Smith
fsmith@petronenergyii.com
+1 (972) 272-8190
http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAwODU1MzMjMjgzMDY=
(C) Copyright 2014 GlobeNewswire, Inc. All rights reserved.
-0-
KEYWORD: DALLAS, Texas
INDUSTRY KEYWORD: Energy Industries
SUBJECT CODE: Other News
Petron Energy II, Inc. Signs Acquisition Agreement to Purchase Garrett Lease in Creek County, OK
Petron II announces Garrett Lease purchase
DALLAS, Texas, Jun 12, 2014 (GLOBE NEWSWIRE via COMTEX) -- via PRWEB - Petron Energy II, Inc. ("Petron II" or the "Company") (OTCBB: PEII) Petron Energy II signs Acquisition Agreement to purchase Garrett Lease in Creek County, Ok.
Petron Energy II, Inc., together with its subsidiaries, engages in the acquisition and development of properties for the production of crude oil and natural gas, the transportation of natural gas through its pipeline subsidiary and well servicing through its servicing subsidiary. The Company's operations are based in the United States.
Floyd Smith, President and CEO of Petron Energy II, Inc., states "On June 2, 2014 we signed an acquisition agreement and tendered the initial down payment with Mr. Bill Sperling to purchase the Garrett Lease which has existing wells. One of the key wells we intend to attempt a recompletion is the Garrett #3; the Garrett #3 well has a well developed Mississippi pay zone which we will test for commercial production. Our geologist and a third party petroleum engineer have reviewed the Garrett #3 logs and found them to have all of the key components for oil based on their log analysis and to be very comparable to some of the better producing Mississippi wells which offset our lease." Smith goes on to say, "The Mississippi pay zone has proven to be a very prolific oil producing zone in the area, vertical completions on area wells have realized initial production rates of 30 - 100 barrels of oil per day.
The company is scheduled to test the Garrett #3 well after the completion of the Snyder/Simon lease project which will be completed during the month of June 2014. The company will report results for both projects as soon as they are available."
About Petron Energy II, Inc.:
Petron Energy II, Inc. is a Dallas-based, oil and gas exploration and production company. For further information about the Company, please visit our website http://www.petronenergyii.com.
Notice Regarding Forward-Looking Statements
This news release contains "forward-looking statements" (statements which are not historical facts) made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on current expectations rather than historical facts and they are indicated by words or phrases such as "anticipate," "could," "may," "might," "potential," "predict," "should," "estimate," "expect," "project," "believe," "plan," "envision," "continue," "intend," "target," "contemplate," or "will" and similar words or phrases or comparable terminology. We have based such forward-looking statements on our current expectations, assumptions, estimates and projections. While we believe these expectations, assumptions, estimates and projections are reasonable, such forward- looking statements are only predictions and involve known and unknown risks and uncertainties, and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements, many of which are beyond our control. These factors include, but are not limited to, the time to consummate the proposed development, completion and extraction; the timing and extent of changes in market conditions and prices for natural gas and oil; the timing and extent of the Company's success in discovering, developing, producing and estimating reserves; the economic viability of, and the Company's success in drilling, the Company's ability to fund the acquisition, development, completion and extraction of oil and gas assets and the Company's planned capital investments; the Company's future property acquisition or divestiture activities; increased competition; and any other factors listed in the reports the Company has filed and may file with the Securities and Exchange Commission. Investors are cautioned not to place undue reliance on these forward-looking statements, which reflect the Company's expectations only as of the date they were made. The Company undertakes no obligation to update or revise any forward-looking statements to reflect new information or the occurrence of unanticipated events or otherwise.
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2014/06/prweb11937926.htm
CONTACT: Petron Energy II, Inc.
Floyd Smith
fsmith@petronenergyii.com
+1 (972) 272-8190
http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAwODU1MzMjMjgzMDY=
(C) Copyright 2014 GlobeNewswire, Inc. All rights reserved.
-0-
KEYWORD: DALLAS, Texas
INDUSTRY KEYWORD: Energy Industries
SUBJECT CODE: Other News
Highmark Enters Into Letter of Intent to Acquire Marijuana Mapping Website, "Mobiweed"
VANCOUVER, BRITISH COLUMBIA - (June 10, 2014) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Highmark Marketing Inc. (CSE:HMK) ("Highmark") is pleased to announce that it has entered into a Letter of Intent (the "Letter") with Intelliserve Software Inc. of North Vancouver ("Intelliserve") to acquire Mobiweed, an online website, and related assets ("Mobiweed").
Mobiweed, located online at www.mobiweed.com and www.mobiweed.ca, hosts marijuana mapping software and related educational content, enabling visitors to search the location and details of marijuana dispensaries and pharmacies in North America.
On Mobiweed, dispensaries and pharmacies can create and update their own profiles, enabling them to educate site visitors on the benefits of the marijuana strains they offer, and provide users with the opportunity to give feedback. Mobiweed's features include a coupon service that helps offset the fees of the first contact to the dispensary or pharmacy. Mobiweed also delivers industry news and commentary.
Canada-based Mobiweed is located within a favourable national regulatory environment, as Canada has a uniform Federal initiative regarding medical marijuana.
The terms set out in the Letter are non-binding except that for a period of 90 days, Intelliserve may not enter into discussions, negotiate or enter into a contractual agreement regarding the sale of Mobiweed with any third party (the "Standstill Provision"). In consideration of the Standstill Provision, Highmark agreed to pay Intelliserve CDN$15,000.
Highmark is now negotiating with Intelliserve to acquire Mobiweed. The following non-binding terms are outlined in the Letter: CDN$35,000 and 250,000 common shares of Highmark upon executing a definitive agreement for the acquisition of Mobiweed, and a further 250,000 common shares upon meeting certain performance targets.
Highmark believes that Mobiweed has the potential to become the leading go-to mapping resource, featuring marijuana education and information for new and existing users.
About Highmark
Highmark is a nutraceutical company, based in British Columbia, focused on bringing the health benefits of natural and herbal remedies to the market. Highmark intends to license, distribute, market and distribute products in the nutraceutical industry.
Further information about Highmark is available under its profile on the SEDAR website www.sedar.com and on Highmark's page on the CSE website.
The CSE has not reviewed, nor approved or disapproved the content of this press release.
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Highmark. Forward-looking information is based on certain key expectations and assumptions made by the management of Highmark, including future plans for acquisitions. Although Highmark believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Highmark can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. Highmark disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any applicable securities laws or any state of the United States and may not be offered or sold in the United States or to the account or benefit of a person in the United States absent an exemption from the registration requirements.
Highmark Marketing Inc.
Marc Branson
Chief Executive Officer
(604) 283 1722
info@highmarkcorp.ca
Investor Relations Contact:
Momentum PR
Jonathan Williams
(450) 332 6939
www.momentumpr.com
Visit Highmark Marketing Corp. Website: www.highmarkcorp.ca
The Information in a Stockhouse Publishing Ltd. Stockhouse News Blast is A PAID ADVERTISEMENT and is for the viewers information only. Highmark Marketing Corp. has paid a fee not exceeding $2500.00 in cash or stock to have their corporate information featured. The corporate information is purely and solely the responsibility of Highmark Marketing Corp. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offerto buy or sell securities, but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so in consultation with their registered securities advisers.
Highmark Enters Into Letter of Intent to Acquire Marijuana Mapping Website, "Mobiweed"
VANCOUVER, BRITISH COLUMBIA - (June 10, 2014) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Highmark Marketing Inc. (CSE:HMK) ("Highmark") is pleased to announce that it has entered into a Letter of Intent (the "Letter") with Intelliserve Software Inc. of North Vancouver ("Intelliserve") to acquire Mobiweed, an online website, and related assets ("Mobiweed").
Mobiweed, located online at www.mobiweed.com and www.mobiweed.ca, hosts marijuana mapping software and related educational content, enabling visitors to search the location and details of marijuana dispensaries and pharmacies in North America.
On Mobiweed, dispensaries and pharmacies can create and update their own profiles, enabling them to educate site visitors on the benefits of the marijuana strains they offer, and provide users with the opportunity to give feedback. Mobiweed's features include a coupon service that helps offset the fees of the first contact to the dispensary or pharmacy. Mobiweed also delivers industry news and commentary.
Canada-based Mobiweed is located within a favourable national regulatory environment, as Canada has a uniform Federal initiative regarding medical marijuana.
The terms set out in the Letter are non-binding except that for a period of 90 days, Intelliserve may not enter into discussions, negotiate or enter into a contractual agreement regarding the sale of Mobiweed with any third party (the "Standstill Provision"). In consideration of the Standstill Provision, Highmark agreed to pay Intelliserve CDN$15,000.
Highmark is now negotiating with Intelliserve to acquire Mobiweed. The following non-binding terms are outlined in the Letter: CDN$35,000 and 250,000 common shares of Highmark upon executing a definitive agreement for the acquisition of Mobiweed, and a further 250,000 common shares upon meeting certain performance targets.
Highmark believes that Mobiweed has the potential to become the leading go-to mapping resource, featuring marijuana education and information for new and existing users.
About Highmark
Highmark is a nutraceutical company, based in British Columbia, focused on bringing the health benefits of natural and herbal remedies to the market. Highmark intends to license, distribute, market and distribute products in the nutraceutical industry.
Further information about Highmark is available under its profile on the SEDAR website www.sedar.com and on Highmark's page on the CSE website.
The CSE has not reviewed, nor approved or disapproved the content of this press release.
Forward-Looking Information:
This press release may include forward-looking information within the meaning of Canadian securities legislation, concerning the business of Highmark. Forward-looking information is based on certain key expectations and assumptions made by the management of Highmark, including future plans for acquisitions. Although Highmark believes that the expectations and assumptions on which such forward-looking information is based are reasonable, undue reliance should not be placed on the forward-looking information because Highmark can give no assurance that they will prove to be correct. Forward-looking statements contained in this press release are made as of the date of this press release. Highmark disclaims any intent or obligation to update publicly any forward-looking information, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended, or any applicable securities laws or any state of the United States and may not be offered or sold in the United States or to the account or benefit of a person in the United States absent an exemption from the registration requirements.
Highmark Marketing Inc.
Marc Branson
Chief Executive Officer
(604) 283 1722
info@highmarkcorp.ca
Investor Relations Contact:
Momentum PR
Jonathan Williams
(450) 332 6939
www.momentumpr.com
Visit Highmark Marketing Corp. Website: www.highmarkcorp.ca
The Information in a Stockhouse Publishing Ltd. Stockhouse News Blast is A PAID ADVERTISEMENT and is for the viewers information only. Highmark Marketing Corp. has paid a fee not exceeding $2500.00 in cash or stock to have their corporate information featured. The corporate information is purely and solely the responsibility of Highmark Marketing Corp. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offerto buy or sell securities, but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so in consultation with their registered securities advisers.
Do you know which company producing this?
http://www.cosmopolitan.com/celebrity/news/marijuana-lube-for-vaginas
Do you know which company producing this?
http://www.cosmopolitan.com/celebrity/news/marijuana-lube-for-vaginas
8 things you don't know ............
http://higherperspective.com/2014/06/8-things-didnt-know-death.html?utm_source=ETT
NOHO being set up
NOHO being set up
SUPREME PHARMACEUTICALS INC. CLOSES CORPORATE MJ ACQUISITION
http://cnsx.ca/cmsAssets/docs/Filings/2014/2014_06_03_8_28_53_SL_Supreme_Closes_Corporate_Acquisition.pdf
SUPREME PHARMACEUTICALS INC. CLOSES CORPORATE MJ ACQUISITION
http://cnsx.ca/cmsAssets/docs/Filings/2014/2014_06_03_8_28_53_SL_Supreme_Closes_Corporate_Acquisition.pdf
OTC Markets Group Inc. does not regulate the OTCQX, OTCQB and OTC Pink marketplaces. The company is neither a stock exchange nor self-regulatory organization (SRO) and is not itself regulated by FINRA or the SEC. All broker-dealers that trade OTCQX, OTCQB and OTC Pink securities are FINRA members, registered with the SEC, and are also subject to various state securities regulations. In addition, companies with SEC-registered securities are regulated by the SEC.
Read more
http://www.otcmarkets.com/learn/regulation
By Wednesday. Although FRTD not SEC filer, I have requested him to issue 8K with regard to buy out deal along with PR( if really materialized at all...lol) to get back the confidence of the investors community.
The Latest ....
Re: RE: Buy out deal
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6/2/14 at 8:05 AM More Information
From:
Thomas Parilla
We were just advised by counsel that we will have the final document revision later this afternoon and should close tomorrow. Upon signing of the document, all of the facts will be announced to the public and we can bring closure to this terrible mess. As soon as we receive them, we will either send out an email or Tweet. Thanks for your support.
On Sat, May 31, 2014 at 12:33 PM, Roy Sa <whatisthecolorofmoney@mail.com> wrote:
Tom,
Thx for your response.
I think only way to get out claen is to make the deal happen.
R
Sent: Friday, May 30, 2014 at 5:22 PM
From: "Thomas Parilla" <info@frtdgroup.com>
To: "Roy Sa" <whatisthecolorofmoney@mail.com>
Agreed. Again, my money in it, can't lose hope...lol. But if he is really crook, should be punished.
he has to get out clean by making the deal done, else his career over as businessman unless he be happy with minimum wage job.
Good luck- miracle happens in pinky land
As per Tom's email...storm coming
Re: RE: Buy out deal
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5/30/14 at 5:22 PM More Information
From:
Thomas Parilla
I feel like I have written this email over and over since last Friday and frankly it has not gotten easier. This has truly been a roller coaster ride for all of us. While I don't agree with the SEC in how they went about the suspension, I do understand that there has always been a tremendous amount of fraud in the micro markets and the fact that our little company is starting to grow coupled with our announced MJ launch, led to an unfortunate receipt for disaster.
With regard to the acquisition, we are working through the final agreements today and hope to have an announcement out to the public late today or early tomorrow. The timing is dependent upon each related party signing off on the final share exchange agreements. While I can't go into specifics, I can say that the transaction is moving forward and is scheduled to close prior to the suspension being lifted.
Tom
On Fri, May 30, 2014 at 4:47 PM, Roy Sa <whatisthecolorofmoney@mail.com> wrote:
Hello,
Any update yet? Awaiting. Thx
Sent: Thursday, May 29, 2014 at 3:22 PM
From: "Fortitude Info" <info@frtdgroup.com>
To: "Roy Sa" <whatisthecolorofmoney@mail.com>
Subject: RE: Buy out deal
We are proceeding with the acquisition and plan on having an update tomorrow.
From: Roy Sa
Sent: ?5/?29/?2014 2:20 PM
To: info@frtdgroup.com
Subject: Buy out deal
Hello,
Are you going to update investors the outcome of the buy out deal.
Thank you and all the best.
WCOM
gim me ur email 'll frwd. thx
A good read - First Medical Marijuana Restaurant in Vancouver
http://www.exposingtruth.com/first-medical-marijuana-restaurant-vancouver/
First Medical Marijuana Restaurant in Vancouver
http://www.exposingtruth.com/first-medical-marijuana-restaurant-vancouver/
First Medical Marijuana Restaurant in Vancouver
http://www.exposingtruth.com/first-medical-marijuana-restaurant-vancouver/
Forwarded. thx
well, gi me ur email add and let me frwd to u